Taskbasedactivitiesforlbs.ca
[pic] Task-based Activity Cover Sheet
Task Title: Credit Union Rate Sheet
|Learner Name: |
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|Date Started: Date Completed: |
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|Successful Completion: Yes ( No ( |
|Goal Path: Employment ( Apprenticeship ( Secondary School ( Post-Secondary ( Independence X |
|Task Description: |
|Review financial institution rate sheet to understand savings interest. |
|Competency: |Task Group(s): |
|A: Find and Use Information |A2: Interpret Documents |
|C: Understand and Use Numbers |C1: Manage Money |
|Level Indicators: |
|A2.2: Interpret simple documents to locate and connect information |
|C1.1: Compare costs and make simple calculations |
|Performance Descriptors: see chart on last page |
|Materials Required: |
|Pencil, pen (and highlighter) |
[pic]Task Title Rate Sheet
Credit Unions provide interest rates on many of their accounts. Look at the Libro Rate Sheet.
Learner Information and Tasks:
Task 1: Circle or highlight the Interest Rate for a Basic account with a balance of $75.00.
Task 2: Circle or highlight the Account Balance that someone with a Regular account would get for an Interest Rate of 0.125%.
Task 3: How much money does a customer need to put into an Investment Savings to start making an interest rate of 0.650%?
Task 4: US $ Accounts can get up to a 0.350% Interest Rate. Which Deposit Products get the highest interest rate?
[pic]
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[pic]Task Title: Rate Sheet
Answer Key
Task 1: Circle or highlight the Interest Rate for a Basic account with a balance of $75.00.
A: 0.125 is circled
Task 2: Circle or highlight the Account Balance that someone with a Regular account would get for an Interest Rate of 0.125%.
A: $0 – 4,999 is circled
Task 3: How much money does a customer need to put into an Investment Savings to start making an interest rate of 0.650%?
A: $1,000 (if they put “plus” it’s not wrong, but comprehension is more basic)
Task 4: US $ Accounts can get up to a 0.350% Interest Rate. Which Deposit Products get the highest interest rate?
A: 0.650%
Investment Savings ($1000 plus)
Investment Savings – HaldNor ($1000 plus)
RRSP Variable Rate
RRIF Variable Rate
[pic]Task Title: Rate Sheet
|Performance Descriptors |Needs Work |Completes task|Completes task|
| | |with support |independently |
| | |from | |
| | |practitioner | |
|A2.2 |performs limited searches using one or two search criteria | | | |
| |extracts information from tables and forms | | | |
|C1.1 |understands numerical order | | | |
This task: was successfully completed ( needs to be tried again (
|Learner Comments |
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____________________________ _________________________
Instructor (print) Learner Signature
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